PaymentScheduleTest002
| Day |
Scheduled payment |
Actuarial interest |
Interest portion |
Principal portion |
Interest balance |
Principal balance |
Total actuarial interest |
Total interest |
Total principal |
| 0 |
0.00 |
0.0000 |
0.00 |
0.00 |
0.00 |
1,000.00 |
0.0000 |
0.00 |
0.00 |
| 0 |
269.20 |
0.0000 |
0.00 |
269.20 |
0.00 |
730.80 |
0.0000 |
0.00 |
269.20 |
| 31 |
269.20 |
181.2384 |
181.23 |
87.97 |
0.00 |
642.83 |
181.2384 |
181.23 |
357.17 |
| 61 |
269.20 |
154.2792 |
154.27 |
114.93 |
0.00 |
527.90 |
335.5176 |
335.50 |
472.10 |
| 92 |
269.20 |
130.9192 |
130.91 |
138.29 |
0.00 |
389.61 |
466.4368 |
466.41 |
610.39 |
| 123 |
269.20 |
96.6233 |
96.62 |
172.58 |
0.00 |
217.03 |
563.0601 |
563.03 |
782.97 |
| 153 |
269.11 |
52.0872 |
52.08 |
217.03 |
0.00 |
0.00 |
615.1473 |
615.11 |
1,000.00 |
Description
Term must not exceed maximum duration
Generated: see details
Basic Parameters
| Evaluation Date |
2024-05-08 |
| Start Date |
2024-05-08 |
| Principal |
1,000.00 |
| Schedule options |
| config: auto-generate schedule |
schedule length: max duration 183 |
| unit-period config: monthly from 2024-05 on 08 |
|
| Payment options |
| rounding: rounded up |
| level-payment option: lower final payment |
|
| Fee options |
no fee
|
| Interest options |
| standard rate: 0.8 % per day |
method: actuarial |
| rounding: rounded down |
APR method: UK FCA to 1 d.p. |
| cap: total 100 %; daily 0.8 % |
|
Initial Stats
| Initial interest balance: 0.00 |
Initial cost-to-borrowing ratio: 61.51 % |
Initial APR: 1261.4 % |
| Level payment: 269.20 |
Final payment: 269.11 |
Last scheduled payment day: 153 |
| Total scheduled payments: 1,615.11 |
Total principal: 1,000.00 |
Total interest: 615.11 |
FSharp.Finance.Personal